Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PdVSA). Chinese state companies China National Petroleum Corp (CNPC) and its listed subsidiary PetroChina – long among PdVSA’s top … Continue reading Venezuela resumes Oil Shipments to China despite U.S. sanctions